Why dont we calculate the difference in the equity account between the beginning and end of the

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Why don’t we calculate the difference in the equity account between the beginning and end of the year and consider that difference as a source or use of cash? Why do we similarly exclude the cash account?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 03:32 AM

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Why dont we calculate the difference in the equity account between the beginning and end of the

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Changes in the equity accounts come from three sources net income dividends and the sale of new ...View the full answer

Practical financial management

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